Joe Johnson Rumors | Hoops Rumors

Nets Waive Joe Johnson In Apparent Buyout

February 25th, 2016 at 2:13pm CST by Chuck Myron

The Nets have waived Joe Johnson, the team announced via press release. The statement didn’t refer to it as a buyout, but the sides were in buyout talks, as Marc Stein of ESPN.com reported earlier today. The 34-year-old was making almost $24.895MM in the final year of his contract and likely relinquished a portion of that in exchange for the chance to hit free agency.

“The Nets want to thank Joe for his many contributions to the team and the organization,” Nets GM Sean Marks said in the team’s statement. “Joe has been a quality professional since joining the Nets four years ago, was a valued member of three playoff teams, and provided many thrilling moments for his teammates and Nets’ fans. We wish him much success in the future.”

No team has enough cap room or any exception large enough to claim Johnson off waivers, so he’s poised to hit the open market Saturday. He’d been planning to sign with the Cavaliers in the event of a buyout, as Chris Haynes of the Northeast Ohio Media Group and the Cleveland Plain Dealer reported, but Chris Vivlamore of the Atlanta Journal-Constitution hears he has interest in rejoining the Hawks, the team he played for from 2005 to 2012. The Cavs and Hawks are among a group in pursuit of the 15th-year veteran that also includes the Celtics, Rockets, Heat, Thunder and Raptors, according to Stein. Ethan Skolnick of the Miami Herald first reported the Heat’s interest weeks ago, but Miami is unable to sign anyone prior to March 6th without crossing the luxury tax line.

The move leaves the Nets with two open roster spots. Brooklyn saved more than $1.5MM through a buyout deal with Andrea Bargnani this past weekend. Marks has been on the job for only a week, but both Bargnani and Johnson have hit waivers in that brief time. The Nets also released Deron Williams in a buyout deal this past summer under former GM Billy King.

And-Ones: Wolves, Joe Johnson, Rockets, Mavs

February 25th, 2016 at 2:01pm CST by Chuck Myron

The Timberwolves are at a “standstill” in talks with Grizzlies minority-share owner Steve Kaplan about a potential deal that would see Kaplan and his partners take 30% of the Minnesota franchise, Wolves owner Glen Taylor told Jerry Zgoda of the Star Tribune. The sides can’t proceed until Kaplan sells his stake in the Grizzlies, Taylor said to Zgoda, and Memphis principal owner Robert Pera isn’t making it easy, according to Jon Krawczynski of The Associated Press (on Twitter). The deal had reportedly been on track to be complete by the end of this month, but Taylor, who remains optimistic it will ultimately get done, said it will probably take months, not weeks, Zgoda relays. That arrangement would reportedly involve Taylor eventually ceding control of the Wolves to Kaplan, but Taylor plans to remain the primary owner for another few years, Krawczynski tweets. See more from around the NBA:

New Nets GM Sean Marks essentially confirmed the reported buyout talks with Joe Johnson today in an appearance on the “Joe & Evan” show on CBS New York radio (Twitter transcription via Devin Kharpertian of The Brooklyn Game). Marks said the team would talk to Johnson to see “what he really wants to do,” adding that he thinks the 15th-year veteran has “deserved the right” to go to a playoff team if he wants.
The relationship between James Harden and soon-to-be free agent Dwight Howard is nuanced, but the idea of tension between the Rockets stars is overblown, as Calvin Watkins of ESPN.com examines.
The Mavericks didn’t really receive trade offers of picks likely to fall in the middle of the first-round for Dwight Powell and Justin Anderson, according to Tim MacMahon of ESPNDallas.com (Twitter link). That conflicts with an earlier report.

Joe Johnson Interested In Playing For Hawks

February 25th, 2016 at 10:29am CST by Chuck Myron

Joe Johnson has interest in joining the Hawks if he shakes free from the Nets, several sources tell Chris Vivlamore of the Atlanta Journal-Constitution. That adds some doubt to the notion that Johnson would sign with the Cavaliers if he becomes a free agent this season, as Chris Haynes of the Northeast Ohio Media Group and the Cleveland Plain Dealer had heard. The Nets and Johnson have reportedly begun buyout talks, with the Hawks among a handful of teams interested in signing him.

Only three Hawks, Jeff Teague, Al Horford and Kirk Hinrich, remain from the seven seasons Johnson spent with Atlanta between 2005 and 2012, Vivlamore notes. The Hawks originally signed Johnson to the contract that pays him nearly $24.895MM this season before trading him to the Nets in the 2012 offseason. The 34-year-old would be giving up a portion of that salary in exchange for his way off the 15-42 Nets if the sides work a buyout deal, and he’d be available much more cheaply should he clear waivers, as would be expected.

Atlanta has an open roster spot and can offer Johnson a prorated portion of the room exception, which would work out to about $2MM. That’s not as much as he could get from the Thunder, who can offer about $2.4MM, but it’s more than the Cavaliers and several others can offer. The Celtics, Rockets, Heat and Raptors are also in pursuit, according to Marc Stein of ESPN.com, who broke the story of the buyout talks between Johnson and the Nets. Johnson would have to hit waivers no later than March 1st to be eligible to play for the Hawks or any team other than Brooklyn in the postseason, and that would largely represent Johnson’s motivation to do the buyout, since the Nets have virtually no shot of making the playoffs.

Nets, Joe Johnson Start Buyout Talks

February 25th, 2016 at 9:59am CST by Chuck Myron

The Nets and Joe Johnson have begun talks about a would-be buyout deal, reports Marc Stein of ESPN.com (Twitter link). Johnson would reportedly sign with the Cavaliers if he becomes a free agent this season, but Stein hears that the Hawks, Celtics, Rockets, Heat, Thunder and Raptors are also pursuing him (Twitter link). Multiple reports in recent weeks have cast doubt on the idea that Johnson would engineer a buyout, which would entail him giving back part of his nearly $24.895MM salary, and Johnson has said he wouldn’t rule out re-signing with the Nets this summer, when his contract is set to expire. Chris Haynes of the Northeast Ohio Media Group and the Cleveland Plain Dealer, who reported the Cavs link, heard that whether a buyout happens comes down to Brooklyn’s willingness to reap financial savings at the cost of a move that would help Cleveland.

Johnson, 34, is averaging 11.8 points per game on 40.6% shooting this season, his lowest figure in either category since the 2002/03 season. Still, he’s shooting 37.1% from 3-point range, mirroring his career average. He remains in a starting role and hasn’t appeared as a reserve in any game since 2003/04, though many of the teams that would sign him would probably ask him to come off the bench.

It’s nonetheless no surprise to see Johnson attract interest from multiple suitors in spite of his declining production, as he’s still capable of delivering an offensive boost. He put up 27 points and 11 assists on February 5th in Brooklyn’s win against the Kings. That was a few days after Ethan Skolnick of the Miami Herald reported that Johnson would stir the Heat’s interest if he came free on the buyout market.

The Cavs and Raptors only have the prorated minimum salary of about $400K to offer, while the Thunder have the most to spend among the teams connected to him, since they have a prorated portion of the $3.376MM taxpayer’s mid-level exception, which is now worth about $2.4MM. The Hawks and Celtics have prorated portions of the room exception now worth about $2MM. The Heat can’t pay even the minimum salary on a contract for the rest of the season until March 6th without inviting repeat-offender tax penalties, while the Rockets are roughly $500K shy of the hard cap they triggered when they signed Montrezl Harrell earlier this season.

Johnson would have to hit waivers by the close of business on March 1st to be eligible to appear in the playoffs with a team other than Brooklyn, a club with no postseason hopes of its own. The Jeff Schwartz client has been in the postseason every year since missing out with the Hawks in 2007.

Mavs Notes: Lee, Jenkins, Matthews

February 22nd, 2016 at 8:59pm CST by Dana Gauruder

David Lee expects to gain a rotation spot with the Mavericks but didn’t ask for any promises before joining the club on Monday, Tim MacMahon of ESPN.com reports. Lee officially signed with Dallas on Monday after being released by the Celtics last week as part of a buyout agreement. While the veteran big man only requested an “opportunity,” he clearly doesn’t want to get buried on the bench, as he did in Boston. “I look forward to being able to help us on the glass and offensively and defensively fitting in with a team that’s already done pretty well this season,” Lee told MacMahon. “Really, I don’t believe much in them promising me a number on minutes. This is something that I’m coming in here and expect to earn playing time by playing well and helping the team get wins.” Lee was informed by coach Rick Carlisle that he will receive the bulk of his minutes backing up center Zaza Pachulia.

In other news concerning the Mavs:

Carlisle wants the team to re-sign shooting guard John Jenkins sometime in the future, Earl K. Sneed of Mavs.com tweets. Jenkins, who signed a three-year deal prior to this season with only a first-year guarantee, was released on Monday to make room for Lee. Jenkins had earned a lot of respect inside the locker room, Sneed adds, but got caught in a numbers crunch.
Wesley Matthews continues to struggle with his shooting and it’s fair to wonder whether the club should have handed the former Trail Blazers shooting guard a four-year, $70MM contract, MacMahon examines in a separate story. While owner Mark Cuban recently proclaimed that the club didn’t sign Matthews for this season, he has shown no progress in his first season since recovering from a left Achilles tendon tear. Matthews is averaging just 10.7 points since the New Year while shooting 37.4% from the field and 30.5% on 3-point tries, MacMahon points out. If Dallas doesn’t start getting better production from its highest-paid player, it has virtually no chance of winning a playoff round and could even slide out of the postseason picture, MacMahon adds.
The Mavs are still looking to add another shooter, Eddie Sefko of the Dallas Morning News hears. They could be interested in two-guards Joe Johnson or Kevin Martin if either reaches a buyout agreement and gets released, though Sefko has doubts whether the Mavs would cut into Matthews’ minutes by signing Martin.

Eastern Notes: Heat, Anthony, Hinkie, Felicio

February 20th, 2016 at 11:52pm CST by Arthur Hill

The Heat are at a disadvantage when it comes to signing waived players, writes Barry Jackson of The Miami Herald. Miami has two open roster spots, but its payroll is just $213K below the luxury tax threshold, meaning the team would go back above the line if it adds a player before March 6th to 8th and keeps him for the remainder of the season. Miami can fill its roster and avoid the tax, but only if it signs one player during the second week of March and another at the end of the season. Players must be waived by March 1st to be eligible for the playoffs, but can join their new team any time before the regular season is complete.

The tax situation is why the Heat made no effort to sign David Lee or Steve Novak when they were waived, Jackson explains. They would have interest in Joe Johnson if he gets bought out by the Nets, but the Cavaliers are believed to be the front-runner if that happens.

There’s more news from the Eastern Conference:

There’s a lot of excitement in New York about the Knicks‘ planned signing of Jimmer Fredette, but Carmelo Anthony doesn’t share it, according to Frank Isola of The New York Daily News. “I haven’t seen Jimmy play in a long time,” Anthony said when asked about Fredette. “I’ve been hearing about what he’s doing down there in the D-League but I haven’t seen him play in action for a long time. I thought you were telling me we were about to sign someone.”
Despite the addition of Jerry Colangelo to the Sixers‘ front office, GM Sam Hinkie isn’t worried about his job, according to Rich Hofmann of PhillyVoice. “Our owners have been very clear with me that they’d like me to be the leader of this organization for a long time,” Hinkie said in an interview on CSN (Twitter link).
Cristiano Felicio, who stayed on the Bulls‘ roster despite coming into camp with a non-guaranteed contract, continues to surprise, writes K.C. Johnson of The Chicago Tribune. Injuries have given the Brazilian big man an opportunity to play, and he responded Friday with eight points, three rebounds and three assists in 14 minutes. “Big Cris plays like that all the time in practice,” Taj Gibson said. “He just has to get better with (communicating). He’s real aggressive and strong. He has great hands around the basket.”

Cavs Top Non-Nets Wish List For Joe Johnson

February 19th, 2016 at 2:38pm CST by Chuck Myron

Joe Johnson would sign with the Cavaliers if he works a buyout with the Nets and reaches free agency, sources tell Chris Haynes of the Northeast Ohio Media Group and the Cleveland Plain Dealer. Haynes earlier this month identified Cleveland’s interest in Johnson for the buyout market, but multiple reports since then have indicated that a buyout is unlikely for the 15th-year veteran who’s making almost $24,895MM on an expiring contract this season. The Nets understand the financial terms it would take to work a buyout with the 34-year-old sharpshooter, and for them, it’s a matter of whether the savings would be enough to justify a move that would help the Cavs, sources have explained to Haynes.

Johnson said recently that he’ll place a priority on winning when he picks his next team, but he wouldn’t dismiss the idea of re-signing with the Nets when his contract expires this summer. That suggests he’s in no hurry to do a buyout, and Haynes hears he isn’t giving a buyout a ton of thought. The Heat would also reportedly be interested in Johnson if he were to become available.

Cleveland has two open roster spots, though filling either of them, or both, would add to the team’s league-high projected tax bill. The Cavs nonetheless trimmed an estimated $10MM in combined salary and would-be tax penalties in a pair of trades Thursday.

And-Ones: Johnson, Celtics, Pelicans, Lee

February 18th, 2016 at 12:00am CST by Arthur Hill

The Cavaliers think would-be post-buyout target Joe Johnson wants to stay in Brooklyn and that he’ll seek to sign an extension with the Nets, a source told Dave McMenamin of ESPN.com. People around Johnson say he won’t take a buyout, tweets Steve Kyler of Basketball Insiders.

There’s more from around the basketball world as the trade deadline approaches:

The Celtics are willing to trade the unprotected 2016 first-round pick they have coming their way from the Nets if it would shake Blake Griffin loose from the Clippers, sources tell Steve Bulpett of the Boston Herald. However, Boston wouldn’t deal the pick for either Kevin Love or Al Horford, Bulpett hears.
The Pelicans shopped Eric Gordon and Omer Asik, but they haven’t found much interest, sources tell John Reid of The Times Picayune. New Orleans reportedly offered Gordon and Alonzo Gee to the Kings for Rudy Gay earlier this season, and the Pelicans apparently had talks with the Cavs that involved Asik after making him available in December.
The Grizzlies shipped $542,714 cash to the Hornets as part of the Courtney Lee trade, Eric Pincus of Basketball Insiders reveals.
Jameer Nelson is running out of alternatives to season-ending surgery on a severely sprained left wrist, but he’ll continue to try to play for the time being after receiving an injection meant to ease the pain he’s feeling, as Christopher Dempsey of The Denver Post details. He missed the Nuggets‘ last six games before the All-Star break.
The Bulls were interested in Trevor Ariza and Corey Brewer earlier this season, but the Rockets rebuffed their entreaties, reports Vincent Goodwill of CSNChicago.com (Twitter link).
The Pistons would love to make one more move before the trade deadline, GM Jeff Bower said today in an appearance on WDFN-AM radio, notes Rod Beard of The Detroit News (Twitter link). The team is reportedly scanning the market for veteran guards, but Bower said the Pistons are looking at the options available at every position and added that coach/executive Stan Van Gundy has confidence in Steve Blake as the team’s backup point guard, Beard also relays (on Twitter).
The Grizzlies recalled James Ennis from the team’s D-League affiliate in Iowa, the team announced today. Ennis has appeared in 15 games with the Energy, averaging 16.7 points, 5.7 rebounds and 2.6 assists per night. He has played in 10 games for Memphis, averaging 1.3 points in 3.6 minutes.

Chuck Myron contributed to this post.

Nets Notes: Prokhorov, Johnson, Young

February 17th, 2016 at 1:29pm CST by Chuck Myron

Nets owner Mikhail Prokhorov admits past mistakes in an open letter he pens for Yahoo Sports, but he said he’s learned that building the right culture is more important than simply collecting talent and said that he wants players who don’t need convincing about the merits of playing in Brooklyn.

“There can be differences of vision and opinion, and everyone should be heard, but, once we have a strategy, we all need to work together to fulfill it and put our individual issues behind us,” Prokhorov wrote. “It also means we need to have the courage to say, ‘We’ll not go for that player because, as much as he’s talented, he doesn’t fit into the culture we are building.’ It takes guts to say ‘no’ as much as it does to say ‘yes.'”

The emphasis on the right atmosphere jibes with the team’s reported offer of its GM post to Sean Marks, who hails from the culture-conscious Spurs, though the latest reports have thrown cold water on the idea of Marks coming to Brooklyn. See more on the Nets:

Joe Johnson is “not expected” to be on the buyout market, according to Sean Deveney of The Sporting News. He’s reportedly yet to approach the team about a buyout after expressing openness to the idea earlier this month.
The Nets are taking a “passive” approach to the trade deadline, Prokhorov told reporters, including Mike Mazzeo of ESPN.com (ESPN Now link).
Thaddeus Young appears to be the Net most likely to end up in a trade, as Marc Stein of ESPN.com writes within his power rankings.

Atlantic Notes: Griffin, Morris, Johnson

February 16th, 2016 at 6:46pm CST by Eddie Scarito

Celtics president of basketball operations Danny Ainge doesn’t merely want a short-term upgrade, as he told Steve Bulpett of the Boston Herald, leaving Bulpett to surmise that the Celtics don’t have interest in trading for a soon-to-be free agent they’re not confident they can re-sign. The front office objective isn’t merely to help the team grab a better playoff seed in the spring, Ainge said. The Celtics were indeed one of the many teams to inquire about Blake Griffin, a Western Conference source told Bulpett, adding that the Clips have no serious interest in moving him. While the Thursday trade deadline looms ever closer, here’s what else is happening in the Atlantic Division:

Taking a patient approach and sitting out this trade deadline may be the Celtics’ best option despite their stash of draft picks, Chris Forsberg of ESPN.com argues. While Boston should explore the possibility of landing a star player, it might be prudent to hold on to that stockpile of assets and make a big move during the offseason, Forsberg adds.
With the Raptors reportedly seeking to upgrade their power forward position, the team is not interested in the Suns’ Markieff Morris, Adrian Wojnarowski of The Vertical on Yahoo Sports relays (on Twitter). Toronto has reportedly expressed interest in Thaddeus Young, Kenneth Faried, Ryan Anderson and Morris, according to multiple reports.
Despite reportedly being miserable with the Nets, small forward Joe Johnson has yet to approach the team about a possible buyout arrangement, Marc Stein of ESPN.com tweets. Johnson said recently that he wouldn’t dismiss the idea of a buyout from his contract with the Nets, which expires at season’s end, and the Heat, Cavs and Mavs reportedly want to make a run at him if he is released by Brooklyn.
Former Knicks coach Derek Fisher‘s negative remarks regarding future unrestricted free agent Rajon Rondo may have contributed to his ouster in New York, Marc Berman of The New York Post writes. Fisher, responding to comments Rondo had made regarding the triangle offense not being a good fit or him, said, “That’s your decision on whether or not he’s elite or not. You can’t ask him, when he wasn’t very successful playing against it, whether or not he wants to play in it. That’s his opinion. That’s fine. He doesn’t play for us. We’re not concerned about his opinion about us at this point.’’ The former coach was said to be a fan of Memphis’ Mike Conley, who is also set to become a free agent this offseason, Berman notes.
Sixers small forward Robert Covington will likely have the most trade value among Philly’s bench players because of his team-friendly contract and ability to stretch defenses with his shooting, Bobby Marks of The Vertical on Yahoo Sports opines in his deadline primer for the team.

Chuck Myron and Dana Gauruder contributed to this post.